Lumino Industries IPO Subscription Status Final Day – Live Updates & Key Details

Lumino Industries, the Howrah-based EPC company manufacturing conductors, power cables, and electrical wires, closed its final day of bidding on August 31, 2026, for its ₹700 crore mainboard IPO. The issue wrapped up with strong overall demand of 60.38 times, driven by a sharp institutional and NII surge in the closing session.

IPO Details

Category-wise Breakdown on Final Day

Lumino Industries IPO - Final Subscription Status

As of the close of bidding on August 31, 2026, the issue received bids for 3,81,50,58,338 shares against 6,32,05,127 shares on offer, taking overall subscription to 60.38 times. Non-Institutional Investors led all categories at 143.73 times, followed by Qualified Institutional Buyers at 55.03 times, Retail Individual Investors at 29.83 times, and Employees at 8.34 times.

What the Final Day Numbers Indicate

The dramatic jump in QIB subscription, from near-negligible levels earlier in the week to 55.03 times by close, is the classic mainboard pattern, where institutions place the overwhelming bulk of their bids only in the final hours after gauging retail and NII sentiment through the earlier sessions. NII subscription crossing 143 times, with the above-₹10-lakh bracket (156.88x) outpacing the ₹2–10 lakh bracket (117.43x), points to aggressive last-day participation from larger HNI applicants in particular. Retail subscription at 29.83 times, while more modest by comparison, still reflects strong individual investor interest in a company with a three-decade operating history and consistently expanding PAT margins in the power infrastructure EPC space.

Lumino Industries IPO Timetable

Should You Apply for Lumino Industries IPO?

Incorporated in 2005 and headquartered in Howrah, West Bengal, Lumino Industries is an ISO 9001:2015 certified, product-driven, integrated EPC company with over three decades of experience, specialising in manufacturing and supplying conductors, HTLS conductors, power cables, and electrical wires for power transmission and distribution, renewable energy, and railway applications. The company operates two production plants with a combined capacity to process 40,000 MT of aluminium annually and sells both under its own brand, Lumicon, and as a B2B solutions provider. Revenue grew from ₹1,946.68 crore in FY25 to ₹2,089.31 crore in FY26, with profit after tax rising 28% to ₹160 crore and a PAT margin of 7.66%.

Investors considering the issue should weigh the company's long operating history, expanding PAT margins, and captive manufacturing integration against sector-specific risks such as raw material price volatility (aluminium and copper), execution risk on large EPC projects, and dependence on power sector capex cycles. As with any IPO, the decision should be based on individual risk appetite, investment horizon, and a review of the RHP rather than subscription numbers alone.

How to Apply for Lumino Industries IPO

Bidding has now closed for the Lumino Industries IPO. Investors who applied during the window from August 27 to August 31, 2026, can check their allotment status once the basis of allotment is finalised on September 1, 2026.

How to Check Lumino Industries IPO Subscription Status

How to check Lumino Industries IPO Subscription Status on NSE website

1. Visit the NSE IPO issue information page (nseindia.com).
2. Search for "Lumino Industries" or enter the symbol LUMINO.
3. Select "Consolidated Bid Details" from the dropdown to view category-wise subscription data.

How to check Lumino Industries IPO Subscription Status on BSE website

1. Visit the BSE IPO page (bseindia.com).
2. Navigate to the "Active IPO" or "IPO Bidding" section.
3. Select "Lumino Industries Limited" from the list of issues.
4. View category-wise and overall subscription figures for the full bidding window.

How to check Lumino Industries IPO Subscription Status on Ventura?

Ventura clients can track subscription status for the Lumino Industries IPO within the IPO section of the Ventura app or web platform, alongside category-wise bid data and upcoming allotment updates.

IPO Subscription History

Previous Day Subscription

Subscription built up steadily over the first three days of bidding, reaching 4.87 times overall by Day 2 on the back of strong NII and retail demand, before a sharp final-day surge pushed both QIB and NII subscription well past the 50-times mark.

Conclusion

Lumino Industries' IPO closed on a resounding note, with overall subscription reaching 60.38 times on the back of an overwhelming institutional and NII response in the final session. With allotment due on September 1 and listing scheduled for September 3, 2026, investors who applied will need to check their allotment status closer to those dates through the registrar, exchange websites, or their broking platform.